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During a recent conference call, Wells Fargo Securities head of equity strategy Chris Harvey stated that federal cannabis criminalization plus the resulting mandates for drug testing have caused the worker shortages and increasing costs being observed in the transportation sector. He add...
The World Anti-Doping Agency (“WADA”) will reassess its stance on whether marijuana should remain on the prohibited list . This comes after the incident where American runner Sha'Carri Richardson was forced to pull out of the Tokyo Olympic Games. During the U.S. Olympic Trials...
Flower is the largest category for cannabis products on the U.S. cannabis market . However, its influence is slowly waning as the shift in demand for adult-use products grows. Recent sales figures from... Read more » NOTE TO INVESTORS: The latest news and updates relatin...
The Department of Justice (“DOJ”) is evaluating the authorization of harm reduction centers for people to use currently illicit drugs in a supervised environment and receive treatment resources. New York City became the first state to launch safe drug consumption sites in Nove...
A study conducted by the UK Medical Cannabis Registry reveals the association between prescribed medical marijuana and an improvement in the quality of life of a patient. The UK Medical Cannabis Registry is a first-of-its-kind database known to contain details of the largest group of pat...
New York’s Senator and Senate Majority Leader Chuck Schumer is pushing to legalize marijuana on a federal level. In a Friday press conference, the Democratic lawmaker announced that he aims to introduce the cannabis legalization bill in April. The meeting took place on the same da...
Last week, the NFL announced that it had issued grants worth $1 million for research studies. The studies would look into the effectiveness of using marijuana and its components in pain management and offering neuroprotection from concussions among NFL players. Out of 100 applicants, the c...
In an interview with PBC conference , Rodney Hood, a financial regulator and board member National Credit Union Administration (“NCUA”), said that the marijuana sector has a bright future once it is fully legalized and infrastructure is set in place. During the interview, Hood...
Smoking cannabis flower is the most popular way to consume the popular drug. For decades, centuries even, it was the most common way of taking cannabis. However, there has been an increasing number of people, both regular users and newbies, who have been turning away from smoking to edibles ...
Cannabis businesses often find it difficult to get banks willing to take them on as clients because of the risks posed by the federal prohibition of marijuana. Now new research has found that once a state legalizes cannabis , banking activity increases. While the study doesn’t dire...
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iPhone users will now be able to use their mobile phones to learn about how cannabis interacts with other drugs after the tech giant issued a software update that allows its customers to track medications. Apple has kept its eye on cannabis reform efforts over the years, steadily revising ...
Last week, the Oklahoma Supreme Court rejected a pair of legal challenges against a cannabis legalization proposal. The court afforded the petitioners a small window to request for a rehearing as it prepares to make a final ruling in the coming week on whether the proposal can be brought b...
Despite being prohibited in most areas for the past couple of decades, cannabis has been the most-used drug in the world for quite a while. As of July 2022, an estimated 200 million people used cannabis across the globe. Legalization efforts have significantly increased access to the contr...